Nvidia falls nearly 8% after hours amid doubts over Jensen Huang's future
Nvidia shares were sliding 7.74% in after-hours trading, after closing the regular Wall Street session up 2.92% at $173.73 and shedding $13.45 afterwards. The drop comes amid uncertainty over the possible removal of Jensen Huang, co-founder and CEO, over the scandal surrounding him. According to The Wall Street Journal, the board has been discussing that possibility since Wednesday, a decision that could affect the company's leadership in the AI race.
In 35 seconds
- Nvidia fell 7.74% after hours, after rising 2.92% in the regular session and ending at $173.73
- The board has been discussing the possible removal of Jensen Huang since Wednesday, according to The Wall Street Journal
- The company had lost about $430 billion in market capitalization after the controversy around Huang became known
Read the full story at La Vanguardia
IASummary generated by artificial intelligence from a story by La Vanguardia. It may contain errors: the original source prevails.
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